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The national emblem of Indonesia contains a shield that represents Pancasila. Pancasila economics (Indonesian: Ekonomi Pancasila), also known as "Indonesian populist economics" (Indonesian: Ekonomi kerakyatan Indonesia), is an economic system which aims to reflect the five principles of Pancasila. [1]
An economy [a] is an area of the production, distribution and trade, as well as consumption of goods and services.In general, it is defined as a social domain that emphasize the practices, discourses, and material expressions associated with the production, use, and management of resources. [3]
Werner Sombart (/ ˈ v ɜːr n ər ˈ z ɒ m b ɑːr t /; German: [ˈzɔmbaʁt]; 19 January 1863 – 18 May 1941) was a German economist, historian and sociologist.Head of the "Youngest Historical School," he was one of the leading Continental European social scientists during the first quarter of the 20th century.
The economy of Sudan is largely based on agriculture and oil exports, with additional revenue coming from mining and manufacturing. GDP growth registered more than 10% per year in 2006 and 2007.
The Coordinating Ministry for Economic Affairs (Indonesian: Kementerian Koordinator Bidang Perekonomian) is an Indonesian government ministry in charge of planning and policy co-ordination, as well as synchronisation of policies in the field of economics.
The economy of Libya depends primarily on revenues from the petroleum sector, which represents over 95% of export earnings and 60% of GDP. [11] These oil revenues and a small population have given Libya one of the highest nominal per capita GDP in Africa.
In nonrelativistic classical mechanics, a closed system is a physical system that does not exchange any matter with its surroundings, and is not subject to any net force whose source is external to the system.